Section 1 Short title
This Act may be cited as the “IRS Oversight While Eliminating Spending (OWES) Act of 2016”.
IRS Oversight While Eliminating Spending (OWES) Act of 2016
AN ACT
To require that user fees collected by the Internal Revenue Service be deposited into the general fund of the Treasury.
Sec. 2 Deposit of IRS user fees into general fund of the Treasury
In general— The second sentence of section 3 of title I of Public Law 103–329 (26 U.S.C. 7801 note), under the heading “administrative provisions-internal revenue service”, is amended by striking “The Secretary of the Treasury may spend” and all that follows through “and thereafter:” and inserting the following: “Any fees collected pursuant to this section shall be deposited in the general fund of the Treasury and shall not be expended by the Internal Revenue Service unless provided by an appropriations Act:”.
Conforming amendment— The last proviso of such section is amended by striking “and how they are being expended by the Service”.
Effective date— The amendments made by this section shall apply to fees collected after the date of the enactment of this Act.